NEW YORK (CNNMoney) -- Global banking giant HSBC will face scrutiny on Capitol Hill next week over its allegedly lax protections against money laundering by organized criminals and terrorist groups.

The report [link to PDF here] which ... allowing money laundering issues "to accumulate into a massive problem". The failings and lax controls inside HSBC included an inability to properly monitor ...

The families of the victims held HSBC responsible for intentionally contributing to the international drug and trafficking trade by being a part of the money laundering ... in that case, U.S ...

WASHINGTON — Lawmakers on Tuesday will unveil the results of a yearlong investigation documenting subpar anti-money-laundering practices at global banking giant HSBC and its U.S. affiliate. The review ...

Sponsor Message The Wall Street Journal adds that HSBC expects to announce "a similar agreement with U.K. authorities soon." The Journal reports that: "Many of the HSBC money-laundering problems ...

Money laundering by banks has ... enforcement official said the sum HSBC was paying would include $1.25 billion in forfeiture -- the largest ever in a case involving a bank -- and $655 million ...

WASHINGTON — A Senate investigative subcommittee has scheduled a July 17 hearing on HSBC's vulnerability to money ... it will use the British banking giant as a "case study" to examine the risks of ...

Reuters. "HSBC to Pay $1.9 Billion U.S. Fine in Money-Laundering Case." U.S. Department of Justice. "HSBC Holdings Plc. and HSBC Bank USA N.A. Admit to Anti-Money Laundering and Sanctions ...

HSBC announced earlier in the day that it has agreed to pay a record $1.92 billion fine to settle charges connected to a money laundering scheme in the United States. One of the largest banking ...

Senators plan to use HSBC as a case study in discussing "the money laundering and terrorist financing vulnerabilities created" when global banks deal with high-risk counterparties, the ...

Money laundering by banks has ... enforcement official said the sum HSBC was paying would include $1.25 billion in forfeiture — the largest ever in a case involving a bank — and $655 million ...